We are live on
!
Find out more
NSCM
New South Capital Management Portfolio holdings
AUM
$2.09B
1-Year Est. Return
33.67%
This Fund
S&P 500
This Quarter
Est. Return
+10.96%
1 Year Est. Return
+33.67%
3 Year Est. Return
+86.94%
5 Year Est. Return
+94.33%
10 Year Est. Return
+356.2%
AUM
$2.25B
AUM Growth
+$47.3M
(+2.1%)
Cap. Flow
-$111M
Cap. Flow
% of AUM
-4.95%
Top 10 Holdings %
Top 10 Hldgs %
52.14%
Holding
62
New
1
Increased
8
Reduced
47
Closed
1
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Kemper
KMPR
|
+$20.4M |
| 2 |
DigitalBridge
DBRG
|
+$12.2M |
| 3 |
SHOE
Shoe Station Group
SHOE
|
+$9.06M |
| 4 |
EFOR
Everforth Inc
EFOR
|
+$4.51M |
| 5 |
Upland Software
UPLD
|
+$2.38M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AQUA
Evoqua Water Technologies Corp. Common Stock
AQUA
|
+$37.5M |
| 2 |
Vertiv
VRT
|
+$14M |
| 3 |
AutoZone
AZO
|
+$8.8M |
| 4 |
Open Text
OTEX
|
+$7.07M |
| 5 |
Zebra Technologies
ZBRA
|
+$6.34M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 29.63% |
| 2 | Technology | 26.19% |
| 3 | Consumer Discretionary | 16.15% |
| 4 | Financials | 8.1% |
| 5 | Healthcare | 7.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Vertiv
VRT
$87.6B
| $225M | 9.98% |
9,063,998
-813,434
| -8% | -$14M |
|
|
2
AutoZone
AZO
$49.1B
| $156M | 6.96% |
62,752
-3,452
| -5% | -$8.8M |
|
|
WCC
3
WESCO International
WCC
$16.7B
| $141M | 6.29% |
790,022
-8,203
| -1% | -$1.2M |
|
|
4
Zebra Technologies
ZBRA
$13.7B
| $130M | 5.79% |
439,952
-22,613
| -5% | -$6.34M |
|
|
5
Open Text
OTEX
$6.15B
| $114M | 5.09% |
2,754,034
-176,078
| -6% | -$7.07M |
|
6
Thermo Fisher Scientific
TMO
$214B
| $89M | 3.96% |
170,572
-11,159
| -6% | -$6.02M |
|
|
FISV
7
Fiserv Inc
FISV
$28.8B
| $85.3M | 3.79% |
676,123
-39,971
| -6% | -$4.71M |
|
8
CGI
GIB
$15.2B
| $79.1M | 3.52% |
750,404
-44,144
| -6% | -$4.5M |
|
9
MSC Industrial Direct
MSM
$6.78B
| $77.4M | 3.44% |
811,853
-64,598
| -7% | -$5.92M |
|
10
EnerSys
ENS
$6.74B
| $75M | 3.33% |
690,833
-51,132
| -7% | -$4.67M |
|
11
LKQ Corp
LKQ
$5.76B
| $73.6M | 3.27% |
1,262,552
-63,950
| -5% | -$3.56M |
|
12
FMC
FMC
$1.48B
| $57M | 2.53% |
546,127
-23,800
| -4% | -$2.68M |
|
13
Howard Hughes
HHH
$3.87B
| $51.2M | 2.28% |
680,487
-41,400
| -6% | -$3M |
|
14
Euronet Worldwide
EEFT
$2.92B
| $47.2M | 2.1% |
401,980
-23,930
| -6% | -$2.68M |
|
15
FedEx
FDX
$73B
| $46.5M | 2.07% |
187,545
-10,287
| -5% | -$2.35M |
|
16
Viasat
VSAT
$10.7B
| $45.5M | 2.02% |
1,103,297
-81,990
| -7% | -$3.19M |
|
17
Warner Bros
WBD
$63.9B
| $42.3M | 1.88% |
3,370,502
+10,764
| +0.3% | +$140K |
|
18
Element Solutions
ESI
$8.68B
| $39.1M | 1.74% |
2,036,599
-148,336
| -7% | -$2.73M |
|
19
Brookfield
BN
$103B
| $38M | 1.69% |
1,693,907
-76,848
| -4% | -$1.63M |
|
|
20
Kemper
KMPR
$1.71B
| $37.5M | 1.67% |
776,318
+421,955
| +119% | +$20.4M |
|
|
HBI
21
DELISTED
Hanesbrands
HBI
| $36.7M | 1.63% |
8,074,471
-942,959
| -10% | -$4.31M |
|
22
Kforce
KFRC
$1.02B
| $35.5M | 1.58% |
566,224
-47,228
| -8% | -$2.84M |
|
23
SS&C Technologies
SSNC
$18.6B
| $33.2M | 1.48% |
548,059
-33,258
| -6% | -$1.89M |
|
24
AMN Healthcare
AMN
$1.35B
| $32.9M | 1.46% |
301,491
-23,690
| -7% | -$2.25M |
|
25
Avantor
AVTR
$9.37B
| $31.1M | 1.38% |
1,516,121
-111,420
| -7% | -$2.25M |
|
Similar funds
CL
ACG
NSUP
IHAM
TP
ACP
TA
AG
New South Capital Management's Q2 2023 Portfolio in Review
As of Q2 2023, New South Capital Management held 62 positions worth $2.25B, up 2.1% from $2.2B the previous quarter. Its ten largest holdings account for 52% of the portfolio.
New South Capital Management withdrew a net $111M in Q2 2023, closing 1 position and reducing 47 holdings. Its most notable exit was Evoqua Water Technologies Corp. Common Stock, an estimated $37.5M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 30% of assets, up from 27% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, New South Capital Management opened a new position in IBM worth $201K.
- New South Capital Management's largest Q2 2023 buy was IBM: 1,500 shares worth $201K.
- New South Capital Management added most to Kemper in Q2 2023, an estimated $20.4M increase.
- New South Capital Management's biggest Q2 2023 reduction was Vertiv, cutting an estimated $14M.
- New South Capital Management fully exited Evoqua Water Technologies Corp. Common Stock in Q2 2023, selling an estimated $37.5M.
- New South Capital Management's ten largest holdings make up 52% of its $2.25B portfolio in Q2 2023.
- New South Capital Management opened 1 new position and closed 1 in Q2 2023.
- New South Capital Management's portfolio value rose 2.1% quarter-over-quarter to $2.25B.
Based on New South Capital Management's 13F filing for Q2 2023, filed 22 Aug 2023.